Question
A house painting business had revenues of $16,400 and expenses of $9,400 last summer. There were no depreciation expenses. However, the business reported the following
A house painting business had revenues of $16,400 and expenses of $9,400 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital
| Beginning | End | |
| Accounts receivable | $1,600 | $4,900 |
| Accounts payable | 780 | 340 |
| Calculate net cash flow for the business for this period. |
| Net cash flow | $ |
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Exploring Public Relations And Management Communication
Authors: Ralph Tench, Stephen Waddington
5th Edition
1292321741, 9781292321745
